Tax Cuts and the National Debt

Since the days of Ronald Reagan, it's been an article of Republican faith that cutting taxes liberates money for the business investments that create jobs and increase prosperity. This day, when income taxes are due, is a good time to ask if that's true. Raising taxes has been anathema in Washington for 30 years, but the national debt has raised fears across the political spectrum. A new study shows even Tea-Party Republicans might be willing to pay more.